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Manipur, Punjab, 2 others have high debt to GSDP level of over 40%

Published: September 5, 2023

A high debt to GDP ratio indicates that debt and GDP of those economies are not well balanced and they don’t produce goods and services sufficient to pay back debts without incurring further debt.

Source: indianexpress.com

Related Topics:

Tamil NaduAndhra PradeshUttar PradeshGross State Domestic ProductHigh DebtSdp LevelArunachal PradeshAnk Of Baroda StudyGdp RatioNdian Express News